GM Is Preparing To Pay Victims' Claims - KALB-TV News Channel 5 & CBS 2

GM Is Preparing To Pay Victims' Claims

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(NBC) General Motors expects to pay between 400 to 600-million dollars to compensate victims of a faulty ignition switch tied to at least 13 deaths. Families of those killed or injured can start filing for payments next month.

G-M has admitted its employees knew of the defective ignition switches a decade before recalling 2-point-6 million cars earlier this year. The automaker has been under fire from Congress, the Justice Department and federal safety regulators for the delay and could face criminal charges.

General Motors also set aside an additional 874-million for the cost of repairing the record 30 million vehicles  it has recalled so far this year.
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